Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Serbia - 2024
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Serbia (CIF) - 2022
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Serbia (FOB) - 2022
- Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Serbia
- Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Serbia
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Serbia (CIF) - 2022
The average import price for cotton waste (including yarn waste and garnetted stock) stood at $801 per ton in 2022, increasing by 21% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 28% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($813 per ton), while the price for Moldova ($590 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Serbia (FOB) - 2022
The average export price for cotton waste (including yarn waste and garnetted stock) stood at $441 per ton in 2022, shrinking by -42.8% against the previous year. Overall, the export price faced a deep reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 75%. As a result, the export price attained the peak level of $2,940 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($1,037 per ton), while the average price for exports to Italy ($430 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+6.2%), while the prices for the other major destinations experienced a decline.
Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Serbia
In 2022, imports of cotton waste (including yarn waste and garnetted stock) into Serbia surged to 538 tons, increasing by 72% compared with 2021. In general, imports saw a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cotton waste (including yarn waste and garnetted stock) skyrocketed to $431K in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 131 | 89.8 | 188 | 409 | 46.2% |
| Moldova | 58.8 | 32.9 | 13.5 | 16.2 | -34.9% |
| Czech Republic | 11.0 | 18.7 | 6.4 | 6.0 | -18.3% |
| Others | 0.2 | N/A | 0.1 | N/A | -29.3% |
| Total | 201 | 141 | 208 | 431 | 29.0% |
Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Serbia in 2022:
- Italy (502.5 tons)
- Moldova (27.4 tons)
- Czech Republic (8.3 tons)
Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Serbia
In 2022, overseas shipments of cotton waste (including yarn waste and garnetted stock) were finally on the rise to reach 54 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a significant contraction.
In value terms, exports of cotton waste (including yarn waste and garnetted stock) dropped remarkably to $24K in 2022. Over the period under review, exports, however, recorded a significant decline. The smallest decline of -23.2% was in 2020.
| Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 17.2 | 14.0 | 33.1 | 22.6 | 9.5% |
| Bosnia and Herzegovina | 11.4 | 2.8 | 3.5 | 0.6 | -62.5% |
| Montenegro | 3.3 | 2.8 | 1.3 | 0.4 | -50.5% |
| Croatia | 29.2 | 38.3 | N/A | N/A | 31.2% |
| North Macedonia | 16.3 | 6.0 | N/A | N/A | -63.2% |
| Others | 5.9 | N/A | N/A | 0.1 | -74.3% |
| Total | 83.3 | 63.9 | 37.8 | 23.6 | -34.3% |
Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Serbia in 2022:
- Italy (52.6 tons)
- Bosnia and Herzegovina (0.6 tons)
- Montenegro (0.4 tons)
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